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Oberoi Realty on Debut premium of 7.7%

Oberoi Realty which entered the capital market recently with its Initial Public Offering of shares at the price of Rs 260 p/s and oversubscribed by 12 times listed in Bombay Stock Exchange (BSE) at a premium of 7.7%. The price went up to 282.90 or 8.8 per cent to close at the closing hours. During the intra day, the shares went up to a high of 15%. The Company which offered through its IPO 39.5 million shares priced at Rs 260 raised Rs 10.3 billion.
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